Apple to Partner With Tesla for New Battery 'Giga Factory'?

Apple to Partner With Tesla for New Battery 'Giga Factory'?

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Apple reportedly met with Tesla CEO Elon Musk last spring to discuss partnering with or acquiring the company, according to a SFGate report.

Since hiring Adrian Perica from Goldman Sachs in 2009 Apple has been increasing its acquisitions. Last quarter it spent $525 million on acquisitions, double the amount it spent for the entire prior year.

In October 2013, Adnaan Ahmad, a German investment banking analyst, penned an open letter to Apple CEO Tim Cook and director Al Gore urging them to acquire Tesla.

"I know this is radical and potentially 'transformative' but this would radically alter Apple's growth profile," Ahmad wrote. "In Elon Musk, you could strike up a partnership and obtain a new iconic partner to lead Apple's innovation drive."

Notably, SFGate's source say at the time of the letter, Apple had already met with Musk.

While a megadeal has yet to emerge (for all of its cash, Apple still plays hardball on valuation), such a high-level meeting between the two Silicon Valley giants involving their top dealmakers suggests Apple was very much interested in buying the electric car pioneer.

While an acquisition of Telsa may have been considered, a partnership seems much more likely. One idea is that Telsa could put Apple's technology into its vehicles. ie. iOS in the Car. Another more interesting possibility is that Apple is a partner for Telsa's new battery 'giga factory'.

A few months ago Telsa said that its solution to battery shortages was to build its own factory.

“This will be a giant facility. We are talking about something that is comparable to all of the lithium-ion battery production in the world — in one factory,” Musk said. “It’s big.”

He also indicated that the factory would be built in partnership with other companies.

"I’m very excited about our plans for… the the biggest battery plant in the world by far and we’ll do it in partnership with the with some other companies and that’s the shaping up really well…we’ll be talking about it next month… were making the final selection I among as to which state it’ll be an I in the next a month or so…"

Finally, the factory description does sound 'Apple-like'.

"This is going to be a very green factory. There's going to be a lot of solar power. It's going to have essentially zero emissions and there are no toxic elements that are going to come out ... and we will build recycling capability right into the factory."

While far from confirmed, a deal with Telsa could be beneficial to Apple. What do you think? Can you see Apple working with Telsa or partnering on a production facility? It recently partnered with GT Advanced for sapphire production.

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Apple to Partner With Tesla for New Battery 'Giga Factory'?

Apple to Partner With Tesla for New Battery 'Giga Factory'?
Richard Carnie - March 16, 2014 at 6:59am
I think this is a match made in heaven. I own stock in both companies because I love the ideology of both there founders. I think the link would be mutually beneficial in a number of ways. Tesla could get access to loads of software and computer tech for its cars not to mention a huge capital boost while it allows Apple to diversify and there is the mutually beneficial battery production and improvement angle which will boost the sales of both companies products. There is also the design side, both companies are extremely innovative when it comes to design. Win, win, win Again I love the idea!
Lolwut - March 16, 2014 at 1:11pm
Well said to the max!!
Todd Monka - February 17, 2014 at 6:39pm
Excellent strategy!!!!!!!
Jim5437532 - February 17, 2014 at 12:27pm
Should companies that manufacture defective products that catch on fire and/or explode; manufacture medical devices? I think Tesla would be a bad liability for Apple. Tesla is a bubble that might bust finally and badly. Tesla's false claims and disregard for safety is increasingly putting itself in a position of liability. Tesla has been dragging its feet on safety and the recall. Tesla manufactures more excuses, then cars. The most recent Tesla garage fire to hit the news was in Toronto. The car supposedly wasn't even plugged in, so the charging system isn't likely to be a source. I'm hoping to hear reports from the fire departments investigation, because I don't trust Tesla's "fire investigations", which seem more like coverups. There has been at least five Tesla fires. Two Teslas caught on fire after only running over road debris. One Tesla caught on fire and exploded after being in an accident in Mexico. There was a Tesla fire in a California garage, that the Tesla charger connection was ruled as a possible source of the fire by the fire department. Recently there was a Tesla garage fire in Toronto, that so far I haven't heard the fire department give a ruling. Arguably there has been scores, possibly hundreds of minor Tesla fires. There has been a plethora of Tesla charge connectors that have overheated, melted and burned. Though many Tesla shills will argue that they are not fire. Categorically and scientifically they are often classified as fire. Rapid oxidation or rapid decomposition is often classified as fire. Like the metaphor; where there is smoke, there is fire. A few months ago there was a Tesla related garage fire in California that the fire department ruled that the Tesla charging system was a possible source of the fire. The suspect portion of the Tesla charging system that the fire department in California determined was a possible source of the California garage fire, is also suspected in many other Tesla charger reported cases that Tesla charge connections have overheated, melted and burned. Tesla issued a software "fix", however Tesla charge connectors have continued to overheat, melt and burn despite the so-called "fix". The Tesla model S. still has defects that make it a fire hazard. Tesla charger connections are still overheating, melting and burning. Tesla batteries are poorly located and poorly protected. Tesla is Junk. On 1/9/2014 Elon Musk said that replacement adapters that are part of the recall would be mailed out within two weeks. A month later Tesla customers have still not received the replacement adapters that are part of the Tesla model S. recall. Several people have been injured by faulty Tesla charge connectors. Tesla is big on making promises and hype, but short on delivery. Tesla needs to start making safety a top priority. Tesla needs to stop playing blame games and games with semantics. Tesla needs to stop lying. Tesla needs to be proactive instead of reactive. Tesla is being a follower of technology, rather than a leader. Tesla is a greedy corporation that has a disregard for safety. The Tesla model S. is an E-Pinto.
Hahahaaa - February 17, 2014 at 8:28pm
So ypu never heard of apple devices with slowen batteries or cach fire?? I seen atleast 5 macbooks with exloded batteries. I did recive brand fucking new (atleast apple say so even when they sell refurbished masked as new to small carriers) iphone with slowen battery that was doble his size!!! Elon Musk is an Visioner!!! Tesla is the salvation of man kind!! And who the fuck are you to djuj them??? Are working for chevron??? And no I don't own android!! And for many years pc. I do use just apple but I think I should switch back!
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